Question: A $ 8 5 2 0 0 0 bond was retired at 1 0 3 when the carrying value of the bond was $ 8

A $852000 bond was retired at 103 when the carrying value of the bond was $895000. The entry to record the retirement would include a gain on bond redemption of $17440.O loss on bond redemption of $17440.O loss on bond redemption of $25560. gain on bond redemption of $25560.

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